2021-03-31-accounts

					PAGES
Trustees'	annual report (incorporating		the director's report)		1to 4
Independent auditor's		report to the members			5to 10
Statement	offinancial	activities (including		income and expenditure
account)
Statement	offinancial	position			12
Notes to	the financial	statements			13to21

			YEA	R ENDED	31MAR	CH 2021	CH 2021
						2021		2020
						Unrestricted
						funds	Total funds	Total funds
					Note	f.
Income and endowments
Investment income					5	187,600	187,600	253,808
Total income						187,600	187,600	253,808
Expenditure
Expenditure on	raising funds:
Investment	management		costs		6	(96,128)	(96,128)	(91,597)
Expenditure on	charitable	activities			7,8	(243,018)	(243,018)	(773,475)
Total expenditure						(339,146)	(339,146)	(865,072)
Net losses on investments					11	(200,750)	(200,750)	(633,440)
Net expenditure	and net	movement		in funds		(352,296)	(352,296)	(1,244,704)
Reconciliation	offunds
Total funds brought forward						6,164,306	6,164,306	7,409,010
Total funds carried forward						5,812,010	5,812,010	6,164,306

		31MARCH 2021	31MARCH 2021
			2021		2020
		Note
FIXEDASSETS
Investments		15		3,813,000		4,013,750
CURRENT ASSETS
Debtors		16	289,415		435,463
Cash at bank and in hand			1,780,805		1,763,331
			2,070,220		2,198,794
CREDITORS: amounts	falling due
within one year		17	(71,210)		(48,238)
NET CURRENT ASSETS				1,999,010		2,150,556
TOTAL ASSETSLESS	CURRENT
LIABILITIES				5,812,010		6,164,306
NET ASSETS				5,812,010		6,164,306
FUNDS OF THE CHARITY
Unrestricted funds				5,812,010		6,164,306
Total charity funds		19		5,812,010		6,164,306

						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
	Property revenue					172,841	172,841	227,518	227,518
	Bank interest receivable							3	3
	Loan interest receivable					14,759	14,759	26,287	26,287
						187,600	187,600	253,808	253,808
6.	INVESTMENT MANAGEMENT				COSTS
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2021	Funds	2020
							K
	Investment	property	management	costs		96,128	96,128	91,597	91,597

EXPEN	DITURE ON CH	ARITABLE ACTIVITIES	BYFUND T	YPE
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
Grants Support	paid costs	226,320 16,698	226,320 16,698	766,189 7,286	766,189 7,286
		243,018	243,018	773,475	773,475

8.	EXPENDIT	URE ON CHARITABLE	ACTIVITIE	S BYACTIVI	TY TYPE
			Grant funding		Total funds	Total fund
			ofactivities	Support costs	2021	2020
			E			5
	Grants paid Governance	costs	226,320	16,698	226,320 16,698	766,189 7,286
			226,320	16,698	243,018	773,475
9.	ANALYSIS	OF SUPPORT COSTS

9.	ANALYSIS OF SU	PPORT COSTS
			Support Costs	Total 2021	Total 2020
				K	E
	Governance costs		16,698	16,698	7,286
10.	ANALYSIS OF GRANTS
				2021	2020
	GRANTS TO INSTITUTIONS
	Support ofeducation	and relief ofpoverty		226,320	766,189
	Total grants			226,320	766,189

Achisomoch	Aid Company	Limited	222,000
Other donations			4,320
			226,320

NET LOSSESON INVESTMENTS
	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2021	Funds	2020
Gains/(losses) on disposal of
investment property			(422,190)	(422,190)
Gains/(losses) on revaluation of
investment property	(200,750)	(200,750)	(211,250)	(211,250)
	(200,750)	(200,750)	(633,440)	(633,440)
NET EXPENDITURE
Net expenditure is stated after charging/(crediting);
			2021	2020
				E
Fees payable for the audit ofthe financial	statements		5,700	5,640
Fees payable to the auditor for other non-audit services			7,800	360

		Investment
		properties
Fair value
At 1 April	2020	4,013,750
Additions
Fair value	movements	(200,750)
At31March 2021		3,813,000
Carrying amount At 31March 2021		3,813,000
At 31March 2020		4,013,750

16.	DEBTORS
					2021	2020
	Trade debtors				16,970	12,740
	Prepayments	and accrued	income		50,995	26,273
	Other debtors				221,450	396,450
					289,415	435,463
17.	CREDITORS: amounts		falling due within	one year

CREDI	TORS: a	mounts falling due within one year
			2021	2020
			E	E
Trade creditors			6,394	10,592
Accruals	and deferred income		52,037	24,867
Other creditors			12,779	12,779
			71,210	48,238
DEFERRED INCOME
			2021	2020
Amount	deferred	in year	14,792	16,269
Deferred	income	arises from rents received in advance (see note 17).

Unrestri	cted funds
								At
			At			Gains and 31March		20
		1	April 2020	Income	Expenditure	losses		21
			5
General	funds		6,164,306	187,600	(339,146)	(200,750)	5,812,010
								At
			At			Gains and 31March 202
		I	April 2019	Income	Expenditure	losses		0
				5			5
General	funds		7,409,010	253,808	(865,072)	(633,440)	6,164,306

											Unrestricted	Total Funds
											Funds	2021
												f.
Investments											3,813,000	3,813,000
Current assets											2,070,220	2,070,220
Creditors	less	than	I	year							(71,210)	(71,210)
Net assets											5,812,010	5,812,010
											Unrestricted	Total Funds
											Funds	2020
Investments											4,013,750	4,013,750
Current assets											2,198,794	2,198,794
Creditors	less	than	I	year							(48,238)	(48,238)
Net assets											6,164,306	6,164,306
FINANCIAL		INSTRUMENTS
The carrying		amount		for each	category of financial			instrument		is as follows:
											2021	2020
Financial	assets that are debt instruments						measured		at amortised		cost
Financial	assets that			are debt instruments measured				at	amortised
cost											289,415	435,463
Financial	liabilities			measured		at amortised	cost
Financial	liabilities		measured		at	amortised cost					71,210	48,238